---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-045978"
form_type: "8-K"
ticker: "HYFM"
cik: "0001695295"
company_name: "HYDROFARM HOLDINGS GROUP, INC."
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T03:38:57.240381+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Hydrofarm Q3 net sales down 18.8% to $44M, loss improves to $13.1M

## Summary
- Net sales $44.0M (-18.8% YoY); net loss $13.1M ($0.29/share) vs $19.9M loss prior year.
- Adjusted gross profit margin expanded to 24.3% from 23.0%; adjusted SG&A down 10.7% YoY.
- Cash $24.4M, zero revolver balance; entered sixth amendment cutting revolver capacity to $35M.
- Reaffirms FY2024: net sales down low-high teens, positive adjusted EBITDA, positive free cash flow.
- Updated FY2024 outlook: adj. gross margin flat to slightly down; capex lowered to $2.5-$3.5M.

## SEC filing metadata
- accession: 0001628280-24-045978
- form_type: 8-K
- ticker: HYFM
- cik: 0001695295
- company_name: HYDROFARM HOLDINGS GROUP, INC.
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1695295/000162828024045978/0001628280-24-045978-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1695295/000162828024045978/hyfm-20241107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-045978
- JSON: https://secwatch.observer/filing/0001628280-24-045978.json
- Plain text: https://secwatch.observer/filing/0001628280-24-045978.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.